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Started By
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re: When should you make a living will and regular will? (edited to separate)
Posted on 6/7/16 at 9:40 am to TheCaterpillar
Posted on 6/7/16 at 9:40 am to TheCaterpillar
quote:
3. My funeral/ceremony will be on a Saturday
You better not die in the fall
1
Posted on 6/7/16 at 9:46 am to DevilDogTiger
quote:
3. My funeral/ceremony will be on a Saturday
You better not die in the fall
Uhhh if this happens, I want my family's tailgate at the game to become a half funeral party/half tailgate.
Sounds perfect actually.
Posted on 6/7/16 at 9:54 am to TheCaterpillar
If you are married without kids and just want everything to go to your wife when you die and you live in Louisiana, then you don't need a will. The state probate laws default to that very scenario. You might want to consider establishing a trust or something in your will if you have kids on the chance you die before the kids come of age.
I hand wrote my will and sent copies to a couple of people. Under Louisiana law, that is perfectly valid. Amazingly, if you type it instead, you had to have witnesses, etc., but handwritten wills only require your signature and nothing else.
Regarding living will, I'll wait until I'm about 60 to write one. My mom was dying of cancer and wrote a living will saying to pull the plug. I was the executor of that living will, so it was up to me to inform the doctors to go ahead and do it. I did not relish being in that position, especially since I have older siblings.
I hand wrote my will and sent copies to a couple of people. Under Louisiana law, that is perfectly valid. Amazingly, if you type it instead, you had to have witnesses, etc., but handwritten wills only require your signature and nothing else.
Regarding living will, I'll wait until I'm about 60 to write one. My mom was dying of cancer and wrote a living will saying to pull the plug. I was the executor of that living will, so it was up to me to inform the doctors to go ahead and do it. I did not relish being in that position, especially since I have older siblings.
Posted on 6/7/16 at 9:57 am to rd280z
quote:
A regular will is to give all or portion of your estate to your heirs. Both should be done in middle age like 45 or so.
A regular will should be done when you have any kind of assets (unless you just want your wife to have everything), but more importantly, once you have kids
i explain to young parents all the time, that even if all they have right now is a mortgage and a car note, its still important to have a will because you need to name who you and your wife want to take care of your children in the event that both of you die, you dont want the court making that decision or having your family and her family fighting over who should take care of your young children
Once you have kids, you need a will, before that, its up to you if you care about the specifics of where your assets will go
This post was edited on 6/7/16 at 9:59 am
Posted on 6/7/16 at 10:19 am to LeonPhelps
quote:
If you are married without kids and just want everything to go to your wife when you die and you live in Louisiana, then you don't need a will. The state probate laws default to that very scenario.
for her share of community property. this doesn't apply to separate property
(unless both your parents are dead and you had no brothers or sisters)
This post was edited on 6/7/16 at 10:21 am
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